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by Wade Morris Dunwoody Realtor on May 26th, 2010

Washington D.C. is a world-class city that has something to offer everyone in the form of a multitude of commercial and residential neighborhoods with green parks and beautiful streets. It is not only the symbol of US democracy but over the last few years Washington DC has emerged as a resilient and strong economy in the United States. The new developments that have taken place in each of DC’s core economics extend to areas such as retail, office, education, hospitality, tourism, residential development, and media communications to name a few. These industries have opened doors to fresh investments and investors who have been able to discover the unparalleled scope for growth that the business environment in the region offers.

The investors keen on investing in the real estate market have rediscovered the appeal of Washington DC and have also begun to take an avid interest in the surrounding neighborhoods of Washington DC. This is primarily the reason behind thousands of new apartments, housing units, and condominiums that are under construction at the moment. Washington DC is made up of several vibrant and diverse small neighborhoods each with their own names and retaining their very own identities. These quaint little neighborhoods of the District offer all the opportunities for a well-rounded lifestyle. The presence of several nationally as well as internationally recognized dining establishments, world renowned museums, schools, colleges, universities, professional sporting teams, and a rich shopping district are some of the reasons that have contributed to an influx of home buyers into this region.

However the prices of homes for sale in Washington DC vary from one area to another with an average price of $351,500. Some of the popular neighborhoods in Washington DC are Bloomingdale, Adams Morgan, Foggy Bottom, Columbia Heights, Georgetown, Dupont Circle, Hillcrest Park, Glover Park and Woodley Park.